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Exhibit 10.36    
    


STOCK OPTION AGREEMENT  


        1.    Grant of Option.    GT Equipment Technologies, Inc., a Delaware corporation (the "Company"), grants to
                                    (the "Optionee"), effective July 7, 2006 (the "Grant Date"), an option (the
"Option") to purchase an aggregate of                        shares of the
Company's common stock, par value $0.01 per share
("Shares" of "Stock"), at a price of $28.14 per Share (the "Option
Price"). The Option is granted pursuant to the Company's 2006 Stock Option Plan, dated December 30, 2005, as amended and restated on July 7, 2006 (as so amended,
the "Plan"), and is subject to the terms and conditions of this Stock Option Agreement (this
"Agreement") and of the Plan. The Shares subject to the Option are referred to collectively as the "Option
Shares." All Option Shares shall be subject to the GT Equipment Technologies, Inc. Employee Stockholders Agreement (the "Stockholders
Agreement"), a copy of which is attached to the Plan as Exhibit B, and no portion of the Option shall be exercisable until such time as the Optionee has signed or
otherwise joined in the Stockholders Agreement in a manner satisfactory to the Company. The grant of the Option by the Company is subject to the Optionee's execution and delivery of the Employee
Non-Competition, Non-Disclosure, Proprietary Information and Patent and Invention Assignment Agreement between the Optionee and the Company (or, at the discretion of the
Committee, a similar agreement containing such terms as the Committee shall determine) (the "Optionee Non-Disclosure Agreement"), and the
Option and all Option Shares shall be subject to the terms and conditions of the Optionee Non-Disclosure Agreement. This Option is not intended to qualify as an incentive stock option
within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended. All capitalized terms not defined herein shall have the meanings ascribed to them in the Plan. 


        2.    Basic Terms of Option.    


        (a)    Term.    The term of the Option shall continue from the Grant Date until the date immediately preceding the
tenth anniversary of the Grant Date (the "Expiration Date"), provided the Option shall only be exercisable as permitted in Sections 2(b), 2(c) and 2(d) below. 


        (b)    Vesting.    Only the vested portion of the Option may be exercised. Except as otherwise specifically provided
in this Agreement and subject to the continuous employment or engagement of the Optionee
with the Company or any subsidiary or affiliate of the Company (the Company and its subsidiaries and affiliates are referred to collectively as the
"Group" and each individually as a "Group Company") until the date on which the Option or applicable
portion thereof is scheduled to become vested, the Option shall become vested with respect to (i) 1/4th of the Option Shares on the first anniversary of the Grant Date, and
(ii) 1/48th of the Option Shares upon the passing of each full month thereafter (such that, subject to the other terms and conditions of this Agreement, the Option shall be vested with
respect to all Option Shares on the fourth anniversary of the Grant Date). The Option, to the extent vested, shall become exercisable only as provided in Section 2(c) below, and once
exercisable, shall thereafter remain exercisable until the Expiration Date, subject to Section 2(d) below. The Committee, in its discretion, may accelerate the vesting or exercisability of the
Option or any part thereof at any time and from time to time. Unless sooner terminated in accordance with the terms of this Agreement, the entire Option shall expire on the Expiration Date and may not
be exercised in whole or in any part at any time thereafter. 


        (c)    Timing of Exercise.    


        Unless
consented to by the Committee or unless otherwise determined by the Committee pursuant to Section 4(c) of the Plan, no portion of the Option may be exercised until
(A) such portion has vested and (B) the earlier of the occurrence of any of the following five events after the Grant Date: (i) termination of the Optionee's employment with the
Group, (ii) a "Change in Control" of the Company, (iii) the consummation of an initial public offering of the Company's Stock pursuant to a registration statement filed under the
Securities Act of 1933, as amended, on Form S-1, (iv) the admission of the Company's Shares to trading on a regulated market (as defined by Article 1(13) of the EC
Directive 93/22/EEC) or the AIM market operated by the London Stock Exchange plc, or (v) the day 








immediately
prior to the tenth anniversary of the Grant Date. For this purpose, (x) the term "Change in Control" means (i) any Special Transaction (as defined in the Plan),
(ii) the consummation of any transaction or series of transactions resulting in one or more Third Parties (whether or not related) owning, directly or indirectly, securities of the Company
possessing the voting power to elect a majority of the Company's board of directors (whether by merger, consolidation or sale or transfer of the Company's securities) or (iii) the sale,
transfer or other disposition of all or substantially all of the business and assets of the Company, whether by sale of assets, merger or otherwise (determined on a consolidated basis) to one or more
Third Parties, and (y) the term "Third Party" means any person or entity who or which (i) does not own any of the Company's securities as of the date of this Agreement, (ii) is
not controlling, controlled by or under common control with any person or entity that owns any of the Company's securities as of the date of this Agreement, and (iii) is not the spouse or
descendent (by birth or adoption) of any person who directly or indirectly owns or controls any of the Company's securities as of the date of this Agreement. For the avoidance of doubt, any person or
entity described in any one of clauses (i), (ii), or (iii) above will not be considered a Third Party for purposes of this Agreement. 


        (d)    Exercise Following Termination of Employment or Engagement.    



        (i)    General.    Except as otherwise provided in this Section 2(d) below, if the Optionee ceases to be
employed or engaged with the Group for any reason, the portion of the Option which has not then become vested (the "Unvested Portion") shall
automatically expire and the portion of the Option, if any, which has become vested and has not yet been exercised (the "Vested Portion") shall be and
continue to be exercisable until the earlier of (x) the date that is sixty (60) days after the date of termination of employment or engagement or (y) the Expiration Date,
whereupon the Vested Portion shall automatically expire to the extent not then exercised. 


        (ii)    Cause.    If the Optionee's employment or engagement is terminated for Cause (including any termination if it
is later determined that Cause existed at the time of termination), the entire Option, including the Vested Portion shall expire immediately upon such termination. Cause, shall mean that the Committee
has formed a reasonable good faith belief that any of the following acts or circumstances have occurred: 



        (A)  acts
or omissions on the part of the Optionee that constitute intentional material misconduct or a knowing violation of a material policy of the Group; 


        (B)  the
Optionee's receipt of a benefit, directly or indirectly, in money, property or services from the Group or from another person dealing with the Group, in material
violation of applicable law or policy of the Group; 


        (C)  the
Optionee's willful destruction of property of the Group having a material value; 


        (D)  fraud,
embezzlement or theft from the Group, or comparable dishonest activity committed on the part of the Optionee against the Group, or comparable dishonest activity
committed on the part of the Optionee that might otherwise have a material detrimental effect on the Group; 


        (E)  the
Optionee's conviction of or entering a plea of guilty or nolo contendere to any crime involving fraud, embezzlement or moral turpitude (excluding acts involving a de
minimis dollar value and not related to the Group, provided that such acts do not otherwise have a material detrimental effect on the Group); 


        (F)  the
Optionee's failure in a material manner to discharge his or her duties (other than due to physical or mental illness) commensurate with his or her title and function
or the Optionee's failure to comply with the lawful directions of the Company, or the Optionee' 5 breach of any other provision of this Option Agreement or any other agreement between an Optionee and
the Group in any material respect, in any such case described in this clause (F) that is not cured (if curable) within thirty (30) days after the Optionee has received written notice
thereof from any Group Company; or 











        (G)  a
willful and knowing material misrepresentation by the Optionee to the Committee. 




        (iii)    Death or Disability.    If the Optionee's employment or engagement is terminated by reason of the Optionee's
death or Disability (defined below), then upon such termination the Unvested Portion shall automatically expire and the Vested Portion shall be and continue to be exercisable until the earlier of
(A) the one hundred and eightieth (180th) day after the date of such termination or (B) the Expiration Date, whereupon the Vested Portion shall automatically expire to the extent not
then exercised. A termination for "Disability" means any termination (x) that is for Disability pursuant to the Optionee's employment agreement,
if any, or (y) in the absence of such an agreement defining Disability, if at the time of termination the Optionee is eligible to receive long-term disability benefits under any
applicable Group plan or program or Group disability insurance policy, or any other termination that the Committee, in its discretion, determines is a termination for Disability. 



        (iv)    Committee Discretion.    Notwithstanding anything to the contrary in Section 2(c) above, the Committee,
in its discretion may extend the period following termination during which the Vested Portion may be exercised. 


        (v)    Limits on Extended Exercisability.    If the Option is an Incentive Stock Option, in order to obtain the
federal income tax advantages associated with an "incentive stock option," the Code requires that at all times beginning on the date of grant of the Option and ending on the day three
(3) months before the date of the Option's exercise, the Optionee must be an employee of a Group Company, except in the event of the Optionee's death or Disability. The Company has provided for
extended exercisability of the Option under certain circumstances for the Optionee's benefit but cannot guarantee that the Option will necessarily be treated as an "incentive stock option" if the
Optionee continues to provide services to a Group Company in any non-employee capacity after the Optionee's employment terminates or if the Optionee otherwise exercise the Option more than
three (3) months after the date the Optionee's employment terminates. 


        (vi)    Violations of Optionee Non-Disclosure Agreement.    Notwithstanding anything to the contrary in
Section 2 above or elsewhere, and without limiting any rights or remedies of the Company under the Optionee Non-Disclosure Agreement or otherwise, upon any violation of the Optionee
Non-Disclosure Agreement, (A) the Option shall be cancelled and immediately forfeited by the Optionee, (B) the Company shall have the assignable right and option, exercisable
in its discretion, to purchase from the Optionee (or any "Permitted Transferee" as defined in the Stockholders Agreement) any Option Shares theretofore
acquired pursuant to the Option at a purchase price equal to the lesser of the Exercise Price paid for such Option Shares or the Fair Market Value of such Option Shares as of the time of repurchase,
and (C) to the extent that the Optionee or any Permitted Transferee shall have sold, transferred or otherwise disposed of any Option Shares, the Optionee shall be required to pay the Company on
demand the amount, if any, by which the amount of any proceeds
received by the Optionee or any Permitted Transferee in connection with such sale, transfer or other disposition exceeds the Exercise Price paid for such Option Shares. These remedies are cumulative
and in addition to any other rights and remedies the Company may have under the Optionee Non-Disclosure Agreement or otherwise, including equitable relief and the recovery of damages from
the Optionee. 


        (vii)    Limits on Incentive Stock Options.    If the Option is an Incentive Stock Option, then to the extent that the
aggregate Fair Market Value (determined at the time of grant) of the Shares with respect to which the Option plus all other Incentive Stock Options the Optionee holds are exercisable for the first
time by the Optionee during any calendar year (under all plans of the Group Companies) exceeds one hundred thousand dollars ($100,000), the Optionee's Option(s) or portions thereof that exceed such
limit (according to the order in which they were granted) shall be treated as Non-qualified Stock Options. 




        3.    Exercise of Option.    



        (a)    Exercise Notice.    The Vested Portion may be exercised with respect to all or any part of the Vested Portion
by written notice from the Optionee to the Company ("Exercise Notice") specifying the 








number
of whole Option Shares with respect to which the Option is being exercised (the "Exercise Shares"), and the aggregate Option Price for such Exercise Shares. The Option may not be exercised for
any fractional Share unless the Committee determines otherwise. 



        (b)    Closing Payment.    Upon receipt of the Exercise Notice, the Company shall schedule a closing date (the
"Exercise Date") that is not later than thirty (30) business days following its receipt of the Exercise Notice. On or before the Exercise Date
(x) the Optionee shall deliver to the Company full payment for the Exercise Shares either (A) in cash, by certified or bank check payable to the order of the Company or (B) by
payment in such other form as the Committee, in its discretion, may permit, in an amount equal to the product of the Option Price on the Exercise Date and the number of Exercise Shares to be purchased
(such amount, the "Exercise Price"), (y) the Optionee shall join in and become a party to the Stockholders Agreement by written instrument in
form and substance satisfactory to the Committee, and (z) the Optionee and the Company shall enter into a subscription agreement with respect to the Exercise Shares (the
"Subscription Agreement") in form and substance satisfactory to the Committee. 


        (c)    Delivery of Shares.    Upon payment of the Exercise Price, the Optionee's delivery of the Subscription
Agreement, and the Optionee's joining in and becoming a party to the Stockholders Agreement, the Company shall make prompt delivery of a certificate or certificates representing the Exercise Shares,
registered in the name of the Optionee and bearing an appropriate legend as provided in Section 8(b) below; provided however, that if the Company or its counsel determines that compliance with
any applicable law or regulation requires that the Company take any action prior to the issuance of the Exercise Shares to the Optionee, then the Exercise Date shall be extended for such period as may
be
necessary to complete such action and no Shares shall be issued unless and until the Company's counsel has determined that the Company has complied with all applicable securities laws, the listing
requirements of any securities exchange on which stock of the same class as the Stock is then listed, and any other law or regulation applicable to such issuance. The Company may require that the
Optionee furnish or execute such other documents as the Company shall reasonably deem necessary to (i) evidence such exercise, (ii) determine whether registration is then required under
applicable securities law, and (iii) comply with or satisfy the requirements of applicable securities law or other applicable law. 


        (d)    Notice of Disposition of Shares.    If the Option is an Incentive Stock Option, by exercising the Option the
Optionee agrees that the Optionee will notify the Company in writing within fifteen (15) days after the date of any disposition of any of the Shares issued upon exercise of the Option that
occurs within two (2) years after the date of the Option grant or within one (1) year after such Shares are transferred upon exercise of the Option. 



        4.    Nontransferability of Option.    


        (a)    Restrictions Generally.    This Option is personal to the Optionee and neither the Option nor any of the rights
of the Optionee hereunder may be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) except by the laws of descent and distribution, nor shall the
Option or any rights with respect thereto be subject to execution, attachment or similar process. Upon any attempted transfer, assignment, pledge, hypothecation or other disposition of the Option or
of any rights with respect thereto contrary to the provisions of this Agreement, or upon the placement or levy of any attachment or similar process on the Option or any of the Optionee's rights
hereunder, the Option and all such rights shall expire and become null and void, unless the Committee, in its discretion, determines otherwise. 


        (b)    Permitted Transfers.    Notwithstanding anything to the contrary in Section 4(a) above, an Optionee may,
with the consent of the Company, which shall not be unreasonably withheld, Transfer by gift all or any portion of an Option to a trust or trusts (or other entity approved by the Committee in its
discretion) for the exclusive benefit of one or more members of such Optionee's Immediate Family, provided that the Option shall continue to be subject to all of the terms and conditions of this
Agreement and the Plan as if no such Transfer had occurred and the Optionee and the transferee shall execute and deliver to the Company such instruments or agreements as the Company may reasonably 










require
to confirm the foregoing. As used herein, "Immediate Family" means, with respect to any person, such person's child, stepchild, grandchild, parent, grandparent, spouse, brother, or sister (or
other family relationships specifically approved by the Committee). 



        5.    No Special Rights.    The Optionee shall have no rights as a shareholder with respect to any Option Shares
unless and until a certificate representing such Option Shares is duly issued and delivered to the Optionee and the Optionee joins in and becomes a party to the Stockholders Agreement. No adjustment
shall be made for dividends or other rights for which the record date is prior to the date
such stock certificate is issued. The Optionee, if an employee of any Group Company, hereby acknowledges that Optionee is an "at will" employee, director, consultant or advisor, as applicable, and
that Optionee's employment or engagement may be terminated at any time, before or after exercise of the Option, by either Optionee or the Group, with or without cause. Nothing herein or in the Plan
shall be deemed to confer on the Optionee any right to continued employment or engagement by the Group or limit in any way the right of the Group to terminate such employment or engagement at any
time. 


        6.    Adjustment Transactions.    The Option and all rights and obligations under this Agreement are subject to
Section 10 of the Plan, the terms of which are incorporated herein by this reference. 


        7.    Withholding Taxes.    The Company's obligation to deliver Shares upon the exercise of the Option is subject to
the Optionee's satisfaction of all applicable federal, state and local income and employment tax withholding requirements. Whenever Shares are to be issued pursuant to the Option, the Company may
require the Optionee to remit to the Company an amount in cash sufficient to satisfy any applicable federal, state and local income and employment tax withholding requirements as a condition to the
issuance of such Shares. 


        8.    Investment Representations; Legend.    


        (a)    Representations.    The Optionee represents, warrants, covenants and agrees that: 



        (i)    The
Option has been, and any Exercise Shares will be, acquired for the Optionee's account for investment only and not with a view to, or for sale in connection with, any
distribution thereof. The Optionee agrees that the Optionee will not, directly or indirectly, offer, transfer, sell, pledge, hypothecate or otherwise dispose of all or any part of the Option or any
Exercise Shares (or solicit offers to buy, purchase or otherwise acquire or take a pledge of all or any part of the Option or any Exercise Shares), except in compliance with the Securities Act of 1933
(the "Securities Act") and any applicable rules and regulations thereunder, and in compliance with applicable state securities laws. 



        (ii)   The
Optionee has had such opportunity as he or she has deemed adequate to obtain from representatives of the Company such information as is necessary to permit the
Optionee to evaluate the merits and risks of his or her investment in the Company. 


        (iii)  The
Optionee is able to bear the economic risk of holding Shares acquired pursuant to the exercise of the Option for an indefinite period. 


        (iv)  The
Optionee understands that (A) the Exercise Shares acquired will not be registered under the Securities Act and are "restricted securities" within the meaning
of Rule 144 under the Securities Act;
(B) such Shares cannot be sold, transferred or otherwise disposed of unless they are subsequently registered under the Securities Act or an exemption from registration is then available;
(C) in any event, the exemption from registration under Rule 144 will not be available for at least one year after issuance of the Exercise Shares, and even then will not be available
unless a public market then exists for the Shares, adequate information concerning the Company is then available to the public and other terms and conditions of Rule 144 are complied with; and
(D) there is now no registration statement on file with the Securities and Exchange Commission with respect to any stock of the Company and the Company has no obligation or current intention to
register any Exercise Shares under the Securities Act. 









        (v)   In
respect of any Option Shares purchased upon exercise of all or any part of the Option, the Optionee shall be entitled to the rights and subject to the obligations
created under the Stockholders Agreement to the extent set forth therein. 




        By
making payment of the Exercise Price, the Optionee shall be deemed to have remade and reaffirmed, as of the Exercise Date, all of the representations, warranties, covenants and
agreements made in this Section 8. 


        (b)    Legend on Stock Certificates.    All stock certificates representing Exercise Shares shall have affixed thereto
a legend substantially in the following form, in addition to any other legends required by applicable state law: 




The
shares represented by this certificate are subject to the provisions of (i) a certain Optionee Non-Disclosure Agreement and (ii) a certain Stock Option Agreement, a copy
of each of which is on file with the Secretary of the Company. The shares represented by this certificate are entitled to certain of the benefits and are bound by certain of the obligations set forth
in an Employee Stockholders Agreement among the Company and certain of its shareholders, as the same may be amended from time to time, a copy of the current form of which is on file with the Secretary
of the Company. 


The
shares of stock represented by this certificate have not been registered under the Securities Act of 1933 and may not be transferred, sold or otherwise disposed of in the absence of an effective
registration statement with respect to the shares evidenced by this certificate, filed and made effective under the Securities Act of 1933, or an opinion of counsel satisfactory to the Company to the
effect that registration under such Act is not required. 





        9.    Miscellaneous.    



        (a)   Except
as provided herein, this Option may not be amended or otherwise modified unless evidenced in writing and signed by the Company and the Optionee. 


        (b)   Any
notices or other communications required or permitted under this Option Agreement ("Notices") shall be in writing and
shall be either personally delivered, sent by express or first class mail postage prepaid), return receipt requested, or sent by nationally recognized overnight courier service (overnight delivery,
charges prepaid), addressed as follows: 



	If to the Company:	 	GT Equipment Technologies, Inc.

243 Daniel Webster Highway

Merrimack, New Hampshire 03054

Attention:    Chief Executive Officer
	

If to the Optionee:	
 	

To the Optionee's address as set forth

in the Group's payroll records.






        Either
party may change its address for Notices by written Notice to the other given in accordance with this Section 9(b). Notices shall be deemed given when delivered personally,
three days after deposit in the U.S. mail, or two business days after deposit with a nationally recognized overnight courier service, as applicable. 


        (c)   The
Option and the rights and obligations of the Company and the Optionee hereunder are subject to the terms and conditions of the Plan. In the event of any conflict
between the terms of the Plan and the terms of this Agreement, the terms of the Plan shall govern. Capitalized terms used and not otherwise defined herein shall have the meanings given such terms in
the Plan. 


        (d)   The
provisions of Section 4(b) of the Plan are specifically incorporated herein. Any Committee interpretation of the provisions of the Plan or this Agreement
shall be final and binding on all parties. 









        (e)   This
Agreement shall be governed by, and construed in accordance with, the laws of the State of Delaware, without giving effect to any choice of law or conflict of law
rules or provisions (whether of the State of Delaware or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Delaware. Any dispute relating
to this Agreement shall be heard in the state or federal courts of the State of New Hampshire, and the parties agree to jurisdiction and venue therein. 


        (f)    The
Optionee shall keep the terms of this Agreement strictly confidential other than as may be necessary to enforce his or her rights hereunder or as otherwise required
by law. 


*
* * * * 









	 	 	GT EQUIPMENT TECHNOLOGIES, INC.
	

 	
 	

By:	
 	

 
	 	 	 	 	
 Name:

Title:





OPTIONEE'S
ACCEPTANCE 


        The
undersigned hereby accepts the foregoing Option, acknowledges receipt of a copy of the Company's 2006 Stock Option Plan, dated December 30, 2005, as amended and restated on
July 7, 2006, and agrees to the terms and conditions of both. 



	 	 	
 Optionee Name:
	

 	
 	

Address:	
 	

 
	 	 	 	 	

	

 	
 	

 	
 	















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Exhibit 10.36